Ranch Santa Fe zip code 92021 -Week of July 2, 2012
The median list price in RANCHO SANTA FE, CA 92091 this week is
The Market Action Index has been trending down lately, while
inventory is climbing. These trends imply a weakening market.
Supply and Demand
The Market Action Index has been trending lower for several weeks
while prices have remained relatively stable. If inventory continues
to grow relative to demand however, it is likely that we will see
downward pressure on pricing.
We continue to see prices in this zip code hovering around these
current levels, even though they bumped up a bit this week.
Look for a persistent up-shift in the Market Action Index before
we see prices move significantly from here.
Report courtesy of Altos Research
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